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The following data has been provided for a company's most recent year of operations: Return on investment Average operating assets Minimum required rate of return

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The following data has been provided for a company's most recent year of operations: Return on investment Average operating assets Minimum required rate of return 30% $ 66,000 20% The residual income for the year was closest to: Multiple Choice $13,860 $24,200 O O $18,800 $6,600

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